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ukunemployment dec17 25nov20 UK Chancellor of the Exchequer Rishi Sunak on Wednesday boosted spending on infrastructure and plans to create jobs for the unemployed as official forecasts pointed to the worst economic contraction in over 300 years due to the impact of the coronavirus pandemic.

Austria's production index declined at a softer pace in September, amid a fall in both industrial production and construction output, data from Statistics Austria showed on Wednesday. The production index decreased 1.4 percent year-on-year in September, following a 2.6 percent fall in August. Industrial...

Poland's jobless rate remained unchanged in October, data from Statistics Poland showed on Wednesday. The registered jobless rate was 6.1 percent in October, same as seen in September. This was in line with economists' expectation. In the same month last year, the unemployment rate was 5.1 percent. The...

Spain's producer prices continued to declined in October, data from the statistical office INE showed on Wednesday. Producer prices declined 4.1 percent year-on-year in October, following a 3.3 percent decrease seen in September. Excluding energy, producer prices rose 0.2 percent yearly in October. On...

Malta's producer prices fell for the second straight month in October, data from the National Statistics Office showed on Wednesday. The producer price index fell 0.62 percent year-on-year in October, following a 0.98 percent decrease in September. Prices for intermediate goods declined 2.31 percent...

The European Central Bank said lenders might require higher loan loss provisioning amid missed payments and rising number of corporate defaults. In the latest Financial Stability Review, released Wednesday, the ECB said since the global financial crisis, weak profitability prospects continue to weigh...

Norway's jobless rate remained unchanged in September, the labor force survey data from Statistics Norway showed on Wednesday. The jobless rate was 5.2 percent in September, same as seen in June. Economists had expected a rate of 5.3 percent. The unemployment rate for September indicates the average...

Denmark retail sales grew for the first time in four months in October, figures from the Statistics Denmark showed on Wednesday. Retail sales rose a seasonally adjusted 8.2 percent monthly in October, after a 1.1 percent fall in September. Sales of clothing and other goods grew 13.5 percent monthly...

preview oct24 25nov20 UK Chancellor Rishi Sunak is set to unveil spending review for the financial year 2021-22 on Wednesday. Due to uncertainty caused by the coronavirus pandemic, Sunak has reduced the review period to one year from three years. The announcement is due at 7.00 am ET.

Belgium's business confidence deteriorated in November, after strengthening in the previous six months, survey data from the National Bank of Belgium showed on Tuesday. The business confidence index fell to -12.1 from -8.5 in October. The business climate deteriorated sharply in the trade sector...

British retailers expect sales volumes to be broadly flat in the year to December with the nationwide lockdown due to end on December 2, the Distributive Trades Survey from the Confederation of British Industry showed on Tuesday. Although sales volumes decreased in November, online sales posted its...

germanyifo july25 24nov20 German business sentiment deteriorated in November as companies were more pessimistic about future amid the second wave of coronavirus infections interrupting the economic recovery, survey results released by the Munich-based ifo Institute showed on Tuesday. The business climate index fell to 90.7 in November from revised 92.5 in the previous month.

The Czech Republic's economic confidence decreased to a five-month low in November, survey results from the Czech Statistical Office showed on Tuesday. The economic sentiment index fell to 82.0 in November from 86.4 in October. This was the lowest since June, when it was 77.2. The business confidence...

Finland's jobless rate decreased in October, figures from Statistics Finland showed on Tuesday. The jobless rate for the 15 to 74 age group fell to 7.4 percent in October from 7.6 percent in September. In the same month last year, the unemployment rate was 6.2 percent. The number of unemployed...

Finland's producer prices declined further in October, data from Statistics Finland showed on Tuesday. Producer prices decreased 5.4 percent year-on-year in October, following a 5.3 percent decline in September. The latest decline was the biggest since May, when prices fell 7.1 percent. On...

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